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re: Anyone keeping an eye on Bitcoin?

Posted on 6/21/16 at 5:11 pm to
Posted by Jag_Warrior
Virginia
Member since May 2015
4180 posts
Posted on 6/21/16 at 5:11 pm to
quote:

It's like gold online.


I'm not being critical, but isn't it pretty much the opposite of gold? It has no physical properties, you can't see it or touch it and it has no numismatic or collector value.

Just an observation. Pay me no mind. I'm not " down". I don't have a Facebook account and I don't even know what memes are all about.
Posted by PeteRose
Hall of Fame
Member since Aug 2014
16984 posts
Posted on 6/21/16 at 10:32 pm to
quote:


I'm not being critical, but isn't it pretty much the opposite of gold? It has no physical properties, you can't see it or touch it and it has no numismatic or collector value.


Maybe instead of "gold online", I should've used "digital gold". It has fixed amount. Can't create more. I was referring to gold as money not collectible.
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